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MGLG dip entries right here
MGLG .0033 nHOD from .0002 yesterday!!!
MGLG ON FIRE!!! WOW 0033 HOD now
On watch: ONCP, SPNG, MGLG and GXPI
On watch: ONCP, SPNG, MGLG and GXPI
Amazing the past week, just got in today and still looking good. Congrats to those who picked it up under .005, WOW!!!
great close, always is when u are up 50% :)
EWDI, SRSR fantastic plays. Nice, very nice.
GPGD closed up over the 20dma line, bullish trend formation.
GPGD in hand, like to see .038 break, upper bband, once .029 200 day ma breaks.
not if you read my post, no :)
Very much so. Definitely a breath of fresh air to the marketplace and then some.
This has been in the works for a while. Looking back, it would appear the company was waiting for a few projects to come together, specifically the 2 bill restricted @ .04 deal, and the financials to be released before this announcement. So they are making sure the ducks are lined up before coming out and announcing things.
Share buyback, what's it mean?
When the stock is retired, it is pulled out of the O/S. It will also affect the float as they are buying common stock. Where the first share retirement of 2bil reduced the O/S but didn't change the float as all the stock was restricted, this buyback will reduce the float as well. Very significant.
"Taking into account the restricted and closely held free trading shares, the current tradable float in our best estimation is approximately 500 - 700 million shares according to the recent NOBO and DTC listings. The current naked shorting of our company's stock will hopefully be addressed and corrected by the SEC, NASD, and DTCC. Numerous companies have increasingly had their shareholder value deflated by naked shorting of their securities." - http://biz.yahoo.com/bw/061016/20061016005774.html?.v=1
In other words, they are going to significantly reduce the tradeable float after completing the buyback.
Well, yes, it is that big of a deal :)
He means the company could have invested some of its money in other companies, but chose to invest it into itself because no other company comes close to it's caliber. :)
This company is going to be a global business changer as well as a life changer imo.
Company stays true. Valuation increases significantly
Valuation based on annualized 3rd quarter net profits ($14.4m)
PE of 15 = $0.033 (3.3c/sh) this is the avg PE since 1920 for all stocks
PE of 25 = $0.055 (5.5c/sh) current S&P 500 PE average is 25
PE of 50 = $0.109 (10.9c/sh)
That news is huge. Company on track.
Huge share reduction. Valuation goes up more - Current valuation with 6.6 Billion O/S and using current quarter net profits ($3.6m) annualized = $14.4 M/yr - 4th Quarter net profits are expected to be significantly higher as they will include the current projects and income, including the $80 M restricted share placement http://biz.yahoo.com/bw/061106/20061106005872.html?.v=1.
PE of 15 = $0.033 (3.3c/sh) this is the avg PE since 1920 for all stocks
PE of 25 = $0.055 (5.5c/sh) current S&P 500 PE average is 25
PE of 50 = $0.109 (10.9c/sh)
Company staying true to its word.
Huge share reduction. Valuation goes up more - Current valuation with 6.6 Billion O/S and using current quarter net profits ($3.6m) annualized = $14.4 M/yr - 4th Quarter net profits are expected to be significantly higher as they will include the current projects and income, including the $80 M restricted share placement http://biz.yahoo.com/bw/061106/20061106005872.html?.v=1.
PE of 15 = $0.033 (3.3c/sh) this is the avg PE since 1920 for all stocks
PE of 25 = $0.055 (5.5c/sh) current S&P 500 PE average is 25
PE of 50 = $0.109 (10.9c/sh)
PayPro, Inc. Announces Stock Buyback Program
DALLAS, Nov 16, 2006 (BUSINESS WIRE) -- Mike Terrell, CEO of PayPro, Inc. (Pink Sheets: PYPR) announced that the company's board of directors has authorized management, in its discretion, to purchase up to 1 Billion shares of PYPR common stock over the next 12 months. The repurchase program is effective immediately. Any repurchased shares will be held as treasury stock.
PayPro CEO Mike Terrell said, "Taking into account the climate of the penny stock market in general, our rapidly increasing revenues and profits, and todays reaction to the SLJB collapse, which hurt investor confidence in all penny stocks, I felt the price drop we experienced today was the perfect time to initiate our stock buyback program which will increase our loyal shareholders stock value at the expense of the daytrader flippers and shorters. I have stated before and will state again that there will be no reverse splits and the O/S will be reduced by the company buying back shares and returning them to treasury."
About PayPro Incorporated:
PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:
Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward Looking Statements is not historical fact as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
SOURCE: PayPro Incorporated
PayPro Incorporated, Dallas
Mike Terrell, 214-774-4870
Copyright Business Wire 2006
the CEO statement from earlier is now under CEO Statment section in news. 1 step at a time - thank you makinggreen123
Good PR's, yes. PYPR just put out a huge numbers release, over 2,500% increase net profits. Imagine if Axia did that :D
Valuation of .06 with a PE of 50
We still have more news, share buyback and cancellation, Q4 and more to come. This is load time imo, sell on news has dipped it to a great price. Expecting to see .01 break very quickly once they are done.
PYPR 3Q Net profit of $3,642,556 up 2582% over 2nd Quarter 2006.
The Company posted its financial results today for the year-to-date ending September 30, 2006. The total revenues for the nine months were $22,656,344. The results showed a 213% gain in quarterly revenue over the 2nd Quarter of 2006, with 3rd Quarter revenues of $11,163,226 compared with $5,250,460 in revenues for the 2nd Quarter of 2006. The Net profit for the nine months totaled $3,962,975. The results showed a 2582% gain in net profit over the 2nd Quarter of 2006, with 3rd Quarter Net profit of $3,642,556 compared with 2nd Quarter Net profit of $141,064.
PayPro CEO Mike Terrell stated, "I am very pleased with our progress considering that none of our major ventures or acquisitions will be reflected until the 4th quarter 2006. We will continue to execute our business plan to assist in the commercial integration of Latin America into the economic development of the western hemisphere, Pan-America, and the rest of the world. We will continue our investment in Pan-American companies and infrastructure projects in Panama, Costa Rica, Mexico, Venezuela and the Caribbean, while protecting our Flora, Fauna and water resources. PayPro promotes the individual commitment to family carbon neutrality status "Sponsoring Micro Forests" in our fight against Global Warming."
About PayPro Incorporated:
PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward Looking Statements is not historical fact as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
SOURCE: PayPro Incorporated
PayPro Incorporated, Dallas
Mike Terrell, 214-774-4870
Copyright Business Wire 2006
I added some PYPR myself. I tried on bid at first, but no fills there, had to move it up. IMO this is still the ground floor. Strong Q3 financials coming imo, most of the recent projects won't be reflected in the financials till Q4. I am holding this long term.
PYPR financials to be released today. Last quarter we saw 440% increase. After the recent developments and projects, I expect to see a significant increase for this 3rd quarter.
Mon, Nov 13, 2006
• PayPro Latin America, S.A. Message from the President
Business Wire (Mon, Nov 13)
Tue, Nov 7, 2006
• PayPro Latin America, S.A. Announces New President
Business Wire (Tue, Nov 7)
Mon, Nov 6, 2006
• Fundacion PayPro Announces The Sale of 2 Billion Restricted Shares of PayPro, Inc. in PDRs at $0.04
Business Wire (Mon, Nov 6)
Wed, Nov 1, 2006
• PayPro, Inc. Forms PayPro Latin America, S.A. to Coordinate Panama Canal Project
Business Wire (Wed, Nov 1)
Tue, Oct 31, 2006
• PayPro R.E. Developments Announces $70 Million 3 Stage ''Las Huacas De Boquete Project''
Business Wire (Tue, Oct 31)
Mon, Oct 23, 2006
• PayPro, Inc. Signs Agreement with Willis Group Holdings Limited (Mexico) (NYSE:WSH)
Business Wire (Mon, Oct 23)
Fri, Oct 20, 2006
• PayPro, Inc. Makes Correction of Facts Regarding MyBankCard
Business Wire (Fri, Oct 20)
Wed, Oct 18, 2006
• PayPro, Inc. Signs Joint Venture Agreement with Trinitum Group
Business Wire (Wed, Oct 18)
Mon, Oct 16, 2006
• PayPro, Inc. ''Reduces Issued and Outstanding Shares by 2 Billion.''
Business Wire (Mon, Oct 16)
Thu, Oct 12, 2006
• PayPro, Inc. announces NOBO review results.
Business Wire (Thu, Oct 12)
Wed, Oct 11, 2006
• PayPro, Inc. today announces the addition of Hector Bolivar Aleman Estevez and Manuel A. Gonzalez - Puron to the Board of Directors
Business Wire (Wed, Oct 11)
Mon, Oct 9, 2006
• PayPro, Inc. Acquires Ebiz Finance Savings & Loan Corporation ''EBF''
Business Wire (Mon, Oct 9)
Wed, Oct 4, 2006
• Mr. Terrell, CEO PayPro, Inc., States That, ''We Have Ordered and Will Review the Most Current NOBO List from ADP Investor Communications.''
Business Wire (Wed, Oct 4)
Wed, Sep 13, 2006
• INSERTING and REPLACING PayPro Incorporated Revenues up 440%
Business Wire (Wed, Sep 13)
Agreed. They trying the same on PYPR this week and today.. 500 share hitting the bid on a .006 stock? Crazy. But financials are due out today on PYPR. Some quick calculations put it's value at .015 to .03 short term, based on 1.5mil profits.
AXGJ chart
PYPR chart
who's on the ask for the past 2 weeks?
Panama Investor Blog new comments:
My calculations show $357/sq m
2.5 billion divided by 7001061 sq m (1730 acres to be developed)
Now if we include the full area of the project, that brings the per sq m cost to $262/sq m
In addition, you mention 'the company used to provide Ostrich supplies' but a quick search shows that when Mike Terrel took over as President in May 2005, the Ostrich business was already sold (Dec 1999) - https://www.otcstockinfo.com/repository/612745/612745_FR6.pdf
You also mention land development as a logical next step. http://www.propertiesincostarica.com/ is their current real estate website.
Although just a rough site at the current time, www.gopaypro.com has additional information on their product and services.
Posted by: AlNewman1965 | November 15, 2006 at 01:25 AM
http://primapanama.blogs.com/_panama_residential_devel/2006/11/another_big_pro.html#comment-25341461
SLJB and PYPR financials are coming
(the spaces did not stay)
SLJB PYPR
Wessal (sljb) Panama Canal Expansion (PYPR)
Dubai (sljb) Highway in Mexico City (PYPR)
Large Signed Contracts
Share Buyback
Share cancellation
Strong Management
Naked short squeeze
There are a number of additional comparisons. Both are primed for some solid pps increases over the next week with the financials on tap.
I believe we will start to see some of those players as the financials near and most certainly afterwards.
Continuing to add to my position. The caliber of companies and the size of the projects tell me this company is going significantly higher, $0.10 in the near future and $1+ in the long term.
2Bil @ .04 = $80 MILLION US
I'm adding and not selling. .005 is only a 25% gain. I'm in this long term. The companies and the board members speak dimes to dollars imo.
Panama Canal project is huge, $5bil project, and PayPro is going to be working on it alongside some major players.
That chart looks great. So far we know about the Panama Canal and the Mexico City highway projects. There are many more to come I'm sure, along with the microforests project and a list of so many other items, there's not enough space to list them almost.
I like these slow, low volume days. It keeps the daytraders and the scalpers out of the picture.
the money that is coming in behind paypro is huge along with the new board members and panama canal project. I am adding more here.
.0028's are thinning, this is going back over .004 where it was just a few weeks ago
Willis NYSE:WSH $6 BILLION market cap company, this is very impressive news.
Willis releases earnings Oct 25th
Panama canal expansion project is being talked about all over the news.